🚀 Exciting News from Cosmos Hub! 🚀
Cosmos Hub has unveiled a draft governance proposal to seed Hydro, an innovative interchain auction platform for liquidity exports. This strategic move aims to enhance liquidity management across the Cosmos Network (ATOM) ecosystem. 🌐
Key Points:
- Proposal to transfer 1 million ATOM to Hydro committee.
- 500,000 ATOM for an ATOM liquidity bucket.
- 500,000 ATOM to liquid stake with Stride, creating an stATOM liquidity bucket.
Hydro's performance will determine future proposals. Let's discuss! What are your thoughts on this initiative? Share in the comments below! 👇